Posted inMaine, sj-web

Maine may feel the pinch of retaliatory European tariffs

New research finds that Maine would be one of the hardest-hit states if the European Union takes retaliatory measures in response to President Donald Trump’s new tariffs on steel and aluminum imports. A report by the Brookings Institution shows that 9.5 percent of Maine’s exports to Europe would likely be slapped with retaliatory tariffs if the Trump administration […]

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Posted inBusiness

New data shows Maine foreign exports down about 12 percent

LEWISTON — New data from the U.S. Census Bureau show exports of Maine goods to other countries declined by 12 percent from 2012 to 2013. The data, released for all 50 states Thursday, show Maine exported about $2.68 billion worth of goods in 2013, a decline of $370 million from $3.05 billion in 2012. Exports […]

Posted inBusiness

Maine exports to Iceland worth $1.95 million

Learn About Tableau PORTLAND — In April, the value of Maine exports to Iceland exceeded the total for 2013, putting exports to the island nation on pace to at least double this year. The figures highlight potential that the 16 Maine companies and educational institutions taking part in a trade mission in Iceland and the […]